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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (17835)6/16/2009 9:25:51 PM
From: TH1 Recommendation  Respond to of 50612
 
Someone gets it.

Treasuries are the real game and focus of the monkeys in power. The objective will be to fund all they can, and IF there is a real uptick in the economy that could fuel improved tax revenue (a big "if" in the next 1-2 years), then the classic inflation game has merit.

I'm invested long term in bullion, for I believe systemic debt will eventually pound the dollar into the abyss, but it is still years away.

Short-term I'm very bearish gold exactly because of the recent rate increase on the ten year.

GT
TH